Guidance Capital Inc. Acquires Shares of 8,415 C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Guidance Capital Inc. bought a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,415 shares of the transportation company’s stock, valued at approximately $910,000.

A number of other large investors have also made changes to their positions in CHRW. Sanctuary Advisors LLC acquired a new stake in C.H. Robinson Worldwide during the second quarter worth about $675,000. Czech National Bank raised its position in shares of C.H. Robinson Worldwide by 7.1% during the 3rd quarter. Czech National Bank now owns 23,891 shares of the transportation company’s stock valued at $2,637,000 after buying an additional 1,578 shares during the period. Handelsbanken Fonder AB lifted its holdings in C.H. Robinson Worldwide by 36.4% in the third quarter. Handelsbanken Fonder AB now owns 25,100 shares of the transportation company’s stock valued at $2,770,000 after acquiring an additional 6,700 shares during the last quarter. GAMMA Investing LLC grew its position in C.H. Robinson Worldwide by 26.6% in the third quarter. GAMMA Investing LLC now owns 4,713 shares of the transportation company’s stock worth $520,000 after acquiring an additional 991 shares during the period. Finally, Diversified Trust Co acquired a new stake in C.H. Robinson Worldwide during the third quarter worth $359,000. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Stock Up 0.7 %

CHRW opened at $98.83 on Wednesday. C.H. Robinson Worldwide, Inc. has a one year low of $65.00 and a one year high of $114.82. The company has a market cap of $11.68 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 1.15 and a beta of 0.82. The business’s fifty day moving average is $105.18 and its two-hundred day moving average is $104.17. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. Analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.81 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 6th were issued a $0.62 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.51%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 64.42%.

Analyst Ratings Changes

CHRW has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their price target on C.H. Robinson Worldwide from $97.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Raymond James dropped their price target on shares of C.H. Robinson Worldwide from $123.00 to $118.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. BMO Capital Markets upped their price objective on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a “market perform” rating in a report on Friday, December 13th. Wells Fargo & Company upgraded shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $118.00 to $130.00 in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. reduced their price target on shares of C.H. Robinson Worldwide from $133.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, C.H. Robinson Worldwide presently has an average rating of “Hold” and a consensus target price of $117.17.

Insider Activity

In other C.H. Robinson Worldwide news, insider Michael John Short sold 10,408 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $109.87, for a total transaction of $1,143,526.96. Following the transaction, the insider now owns 70,943 shares of the company’s stock, valued at $7,794,507.41. This represents a 12.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael D. Castagnetto sold 2,032 shares of C.H. Robinson Worldwide stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total value of $210,941.92. Following the completion of the sale, the insider now directly owns 34,469 shares of the company’s stock, valued at approximately $3,578,226.89. This represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.18% of the company’s stock.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.